Will the government understand? - page 2.

FlightyPouch

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Quote from: MCobian on April 14, 2020, 05:34:30 PM

In such a situation the government must immediately understand that its people need income. It is true that the government
guarantees supply basic needs, such as food supply for each of its people. But it is not possible to make people live peacefully,
because people also need money for other unexpected things. Therefore there is no other choice, in my opinion cryptocurrency
the best solution for anyone can earn income. And the government must understand that.

It is not that the government misunderstands this situation but the thing here is that not all of the government are legalizing or accepting cryptocurrencies, mainly bitcoin, because of the fact that people could invest in it and earn quickly. The governments are also legalizing it for the safety of their citizen. As @Viscore said it, little improvement is better than no improvement at all.

MCobian

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In such a situation the government must immediately understand that its people need income. It is true that the government
guarantees supply basic needs, such as food supply for each of its people. But it is not possible to make people live peacefully,
because people also need money for other unexpected things. Therefore there is no other choice, in my opinion cryptocurrency
the best solution for anyone can earn income. And the government must understand that.

moonblocks

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3... 2... 1... Launch!

Quote from: fiulpro on March 29, 2020, 07:05:26 AM

With the society collapsing , I fear for a common man , I fear for the families who were already living on the edge and now without any jobs , without any money , they are surviving on the brink .
Yes the government is distributing food for the poor , they are doing whatever they can , but it is not enough .
Just like , we are able to transfer our education system , all online in a matter of days , why are they not doing the same for most of the offices ?
Even at the time of the crisis , corruption still can be seen , when a country which is considered the most powerful , the US , when the people cannot trust the president itself , who can they trust at that time ?

I do know that people engaged in cryptocurrencies are way ahead of the time, so do you guys think there is a way by which jobs can be provided to the needy because we all know that a vaccine is 12-18 months away .

Things will take a lot of time to be normal , till then how will the economy survive?

This depends on where you are located geographically, in some cases things might be good in others not so favorable even downright scary but the IMF has a trillion dollar war chest it plans to put to good use to help stabilize third world economies, plus there's plenty of charity work that can help from more developed nations so don't despair there should be a concerted enough effort to look after as many citizens of earth as possible, and hopefully in future Bitcoin can play more of a role in these endeavors

Viscore

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Live with peace and enjoy life!

Quote from: Janation on April 11, 2020, 07:50:36 PM

Quote from: Finestream on April 11, 2020, 07:12:18 AM

The government sees the same, their job is to protect the people so their mind is quite close on this but as we continue to build crypto to be bigger, they will eventually see that we are a good industry as we can sustain, sooner, they will regulate it as they see the money they can collect here.

Here in our country, they already regulated Bitcoin.

In fact, a lot of mobile wallets are being used that accepts Bitcoin. The problem is that we are limited to only that. Businesses are still not accepting Bitcoin, they are not creating opportunities for people to use it. Though these mobile wallets, these exchanges are making ways to promote it like giving discounts and cash backs. I am not expecting anything from the government since I know they are so busy with other things.

Adoption will not happen right away, sometimes it will take time and little by little you'll see an improvement to that.
Little improvement is better than no improvement at all, as long as bitcoin is not illegal in your country, you can always expect its adoption will grow in the long run.

Lorence.xD

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Leading Crypto Sports Betting & Casino Platform

Governing bodies are already taking action, though the action are still on the phase where they are on short-term solution. I think the government understands the situation but they are finding the best solution so that it benefits the people. The problem is with the people, they are asking for more when there are other people that are also affected, if only all people have the empathy and broad perspective then the problem that the government is trying to solve will be a lot easier.

Janation

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Quote from: Finestream on April 11, 2020, 07:12:18 AM

The government sees the same, their job is to protect the people so their mind is quite close on this but as we continue to build crypto to be bigger, they will eventually see that we are a good industry as we can sustain, sooner, they will regulate it as they see the money they can collect here.

Here in our country, they already regulated Bitcoin.

In fact, a lot of mobile wallets are being used that accepts Bitcoin. The problem is that we are limited to only that. Businesses are still not accepting Bitcoin, they are not creating opportunities for people to use it. Though these mobile wallets, these exchanges are making ways to promote it like giving discounts and cash backs. I am not expecting anything from the government since I know they are so busy with other things.

Smitty Werben Man Jensen

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COMBONetwork

I am sure the government has understood this situation, we as the people must support the government,
if there is no support, the country will not be able to handle it, Corona Virus has indeed killed the economy, many workers have been fired in my country, maybe not only in my country, I am very concerned now, hope the world can be recovery

Finestream

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Quote from: Janation on April 10, 2020, 08:01:04 PM

Quote from: BIT-BENDER on April 09, 2020, 03:31:58 AM

Not all government are acting nonchalant about Bitcoin, we have government who are but in place vision about Bitcoin and there countries Future, but we can't forget that some government are still holding there grounds and the ban placed on Bitcoin are still active.

The Bitcoin is communicated massively already and we can do little to change there minds but the good thing is government changes hand and may be when someone who knows the drill is in authority they can change their countries

Most of the governments are not open-minded, that is why.

When they see or know something about thing like Bitcoin that is decentralized, that they can't control, they would be thinking that it is something that shouldn't be accepted or be circulated or be used by their citizen. They would be thinking that people would use it for criminal purposes, for money laundering and even terrorist transactions.

Government sees bitcoin more as an investment than a currency, and as an investment, they see that the risk is high and people might get scam.
Look, rich investors that has name in the business industry are not even investing in bitcoin, they called bitcoin a gambling that is too risky.

The government sees the same, their job is to protect the people so their mind is quite close on this but as we continue to build crypto to be bigger, they will eventually see that we are a good industry as we can sustain, sooner, they will regulate it as they see the money they can collect here.

Janation

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Quote from: BIT-BENDER on April 09, 2020, 03:31:58 AM

Not all government are acting nonchalant about Bitcoin, we have government who are but in place vision about Bitcoin and there countries Future, but we can't forget that some government are still holding there grounds and the ban placed on Bitcoin are still active.

The Bitcoin is communicated massively already and we can do little to change there minds but the good thing is government changes hand and may be when someone who knows the drill is in authority they can change their countries

Most of the governments are not open-minded, that is why.

When they see or know something about thing like Bitcoin that is decentralized, that they can't control, they would be thinking that it is something that shouldn't be accepted or be circulated or be used by their citizen. They would be thinking that people would use it for criminal purposes, for money laundering and even terrorist transactions.

abhiseshakana

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Quote from: Ronaldcoin2017 on April 09, 2020, 03:21:11 PM

Its not the government who need to understand but also the people arround the world, because i believe that using crypto is really quite simple and very much more convenient and safe to users than using fiat. I beleive that son some more government will make believe on it. We really need crypto for good.

Although there is support from the government through policies that do not prohibit cryptocurrency, as a matter of fact, the use of cryptocurrency does not touch the real sector and the volume is large on the exchange, if crypto is used as a speculation tool then the benefits for the people will not be maximized.

In addition to making ordinary people switch from fiat money to bitcoin is very difficult to let alone make people trust or want to learn about other cryptocurrencies. What about the existence of ICO for criminal elements can be used as a mode of fraud that can harm the people. Therefore, some countries still ensure their black and white points to be stipulated in legislation.

Quote from: South Park on April 09, 2020, 04:02:17 PM

The current crisis is showing how frail is the current economic system, a great deal of the things being produced are not really necessary and once the demand of the society shifted to something more realistic suddenly we are finding out that all of those business were built on very unstable ground, now the governments are trying to fix this by printing more money as they always do but even if that could be enough to somehow alleviate the crisis for the moment during the next year we are going to feel the effects of that much money being printed, so what can we do? Not much except to protect yourself and your family from the worst effects of the crisis that it is to come.

I am among those who think that printing money in the right conditions is the right thing as long as the goal is for a productive project not for consumption. Productive projects are the driving force of the country's economy. The solution to the crisis resolution by way of debt to the IMF, world banks and debt to other countries is very improper at this time, let alone aimed at closing the consumption budget especially if consumption is imported.

el kaka22

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Quote from: Ronaldcoin2017 on April 09, 2020, 03:21:11 PM

Its not the government who need to understand but also the people arround the world, because i believe that using crypto is really quite simple and very much more convenient and safe to users than using fiat. I beleive that son some more government will make believe on it. We really need crypto for good.

Not all governments are really doing anything neither, they literally just let it be and allow people do whatever they want, even if that is not a ban that is not supporting it neither, so all in all there are still ones who do not see bitcoin the way we see it.

I have always said that bitcoin is internet of money, an increased and better version of regular money we use, no matter how digital fiat gets thanks to banks, it will never be fully like bitcoin because we have decentralization and we are sick and tired of the way rich people get what they wand and not have the equal playing field, in bitcoin even if rich people can move it around with their money at least we know that the playing field is equal here.

Kez1817

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www.cd3d.app

In this situation we should not rely everything in our government,we also need to help each other to survive. If this pandemic will continue for a long time government and economy will be down. So,people must follow what the government policies on this situation to help fight and survive from this virus.Stay at home ,Stay safe....Also those whale that owns a lot of bitcoins,I think they should extend their helping hands specially those in need ,to the poorest of the poor just to survive for this situation and it could be a big help to our government. And if the government see that people in crypto world extend their help ,government will surely appreciate and honor it and it might be a stepping stone for the government to accept cryptocurrency and give value on it.

Yamifoud

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Quote from: Ronaldcoin2017 on April 09, 2020, 03:21:11 PM

Its not the government who need to understand but also the people arround the world, because i believe that using crypto is really quite simple and very much more convenient and safe to users than using fiat. I beleive that son some more government will make believe on it. We really need crypto for good.

Surely it does and the government will appreciate crypto and gives support for it. May this thing will happen if they'll find out how the people being satisfied with the use of crypto. Crypto has a reason for its existence and the willingness of the people to adopt the new market system isn't strong enough to push the government to believe as well and this I may think that makes them doubtful as they can't clearly see that crypto seems to be helpful for everybody.

South Park

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Quote from: fiulpro on March 29, 2020, 07:05:26 AM

With the society collapsing , I fear for a common man , I fear for the families who were already living on the edge and now without any jobs , without any money , they are surviving on the brink .
Yes the government is distributing food for the poor , they are doing whatever they can , but it is not enough .
Just like , we are able to transfer our education system , all online in a matter of days , why are they not doing the same for most of the offices ?
Even at the time of the crisis , corruption still can be seen , when a country which is considered the most powerful , the US , when the people cannot trust the president itself , who can they trust at that time ?

I do know that people engaged in cryptocurrencies are way ahead of the time, so do you guys think there is a way by which jobs can be provided to the needy because we all know that a vaccine is 12-18 months away .

Things will take a lot of time to be normal , till then how will the economy survive?

The current crisis is showing how frail is the current economic system, a great deal of the things being produced are not really necessary and once the demand of the society shifted to something more realistic suddenly we are finding out that all of those business were built on very unstable ground, now the governments are trying to fix this by printing more money as they always do but even if that could be enough to somehow alleviate the crisis for the moment during the next year we are going to feel the effects of that much money being printed, so what can we do? Not much except to protect yourself and your family from the worst effects of the crisis that it is to come.

Ronaldcoin2017

sr. member

Activity: 1148

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Its not the government who need to understand but also the people arround the world, because i believe that using crypto is really quite simple and very much more convenient and safe to users than using fiat. I beleive that son some more government will make believe on it. We really need crypto for good.

TIDOVEE

sr. member

Activity: 1246

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Will the vaccine keep people at home again? God should intervene upon our government. I sincerely wish cryptocurrency could make things up at this time, there are a lot of people we should help but not many of us are bouyant enough. It's complains here and there. A country like Nigeria that was already battling with poverty for more than a year now and still in this status quo, can you imagine what their pains will be like.

Genemind

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The poorest of the poor in our country knows nothing about cryptocurrency simply because they didn't have enough education to access the latest technology. They don't have the equipment even the internet connection to learn about it so they have no choice for now but to rely on the government. The hardest times will come after a few months which is known to be the survival period, especially for poor countries. Lucky are those who have earned something for their future. The government focuses on the current situation because they still aren't sure about the things that might happen ahead. The pandemic is still unpredictable so as our future.

CarnagexD

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Quote from: BIT-BENDER on April 09, 2020, 03:31:58 AM

Not all government are acting nonchalant about Bitcoin, we have government who are but in place vision about Bitcoin and there countries Future, but we can't forget that some government are still holding there grounds and the ban placed on Bitcoin are still active.

The Bitcoin is communicated massively already and we can do little to change there minds but the good thing is government changes hand and may be when someone who knows the drill is in authority they can change their countries

Even there are some countries are now banning the use of cryptocurrency or the bitcoin-only still there are some few countries accepted the use of these like the china recently they already accepting the bitcoin but after that, the pandemic outbreak exploit and hits a lot of people, and that was a considerable impact to the economy too while the market price of the fiat and crypto brings down, but now they are covering right now and hoping it will bring back to the top and becomes normal. Today the introduction of online payment like bitcoin is more important because this can avoid the spreading of virus and also following the rules of social distancing.

CHENIEN

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Practically everyone has the right to feel something about what happened in this world of crypto, and also we have no power to detect their real personality and emotion aside from this, it is a big fault to force them all to deny their feelings on what a wonderful world becomes dry and heavy and it seems like a zombie planet. but seriously if people on earth are throwing their pride and helping one another by giving and offering I think these global economic crises will end automatically.

Snappycoco

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The needy ones are the one who lacks gadgets as well as tools used for trading cryptocurrencies. How could you expect them to perform such work if they dont have the basic need for a home based work. What they need are seeds to be planted, financial support from the government, and compassion from those who have more than enough.

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